Digital Asset has a revolutionary technology platform that eliminates the counterparty risk and lack of transparency that has hindered mainstream adoption of cryptographic technology. Blythe Masters Read Quote
In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes – the amount of time you have to wait when you sell a stock before cash hits your account – can take days. Blythe Masters Read Quote
Blockchain technology, or distributed ledger technology, is just a way of using the modern sciences of encryption to enable entities to share a common infrastructure for database retention. Blythe Masters Read Quote
When asked to explain this space, I often ask people to forget pretty much everything you’ve heard about blockchains, crypto-currencies, and bitcoin, and instead dumb it down a lot and think about something no more complex or intimidating than good old-fashioned database technology. Blythe Masters Read Quote
I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem. Blythe Masters Read Quote
The thing about innovation in financial markets is they’re always building on what has come before. It’s a natural process. Blythe Masters Read Quote
Digital Asset has a talented team and technology that is uniquely positioned to solve challenging settlement issues facing global financial institutions. Blythe Masters Read Quote
I have a quantitative background, but really, derivatives appealed to me because they require so much creativity. Blythe Masters Read Quote
I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem. Blythe Masters Read Quote
Unfortunately, tools that transfer risk can also increase systemic risk if major counterparties fail to manage their own risk exposures properly. Blythe Masters Read Quote
